Grants for businesses that have suspended and / or restricted activities due to COVID-19

To answer the urgent need for operative capital has been identified for activities needed to address the shortage of funds to deal with the effects of the COVID-19 pandemic, the National Revenue Agency of Bulgaria launched a program “Support to SMEs affected by temporary anti-epidemic measures through providing operative capital”. As a result, Neophron Tours received the amount of 17 425 BGN to to overcome the economic consequences of COVID-19.

The project selection procedure was carried out in three stages, the first two referenced as BG16RFOP002-2.095 and the third referenced as BG16RFOP002-2.101. The third phase of the procedure was a continuation of the initiative within OPIC for providing working capital through grants for businesses in the country and is related to extending the working capital assistance to companies that have suspended and / or limited activities for the period from 22.03. 2021 to 30.04.2021. After the third phase was announced, we received further support to the amount of 2 204 BGN.

The initiative for providing grants for businesses that have suspended and / or restricted activities was carried out within the EU Operational Program “Innovations and Competitiveness” 2014 – 2020.